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4.4 Globalisation

4.4 Globalisation

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Question 4

A developed country gains cheaper imports but loses jobs in an industry exposed to overseas competition. Which conclusion is most accurate?

[1]
A

All consumers and workers lose

B

All producers gain

C

Globalisation cannot affect the distribution of income

D

Benefits to consumers may coexist with adjustment costs for particular workers and regions

Markscheme

4.4 Globalisation Questions

  1. GCSE
  2. /Economics
  3. /4.4 Globalisation

22 exam-style questions on OCR GCSE Economics 4.4 Globalisation, covering 4.4.1 What is globalisation, 4.4.2 Measuring development, 4.4.3 Globalisation in developed countries, and 4.4.4 Globalisation in less developed countries. Each one has a worked solution and a mark scheme showing where the marks go.

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